A huge thank you to?Howard Chao?and the team at?Doon Insights?for curating incredible discussions on the future of mobility at Doon Insights Mobility Tech 10 and Manufacturing for Mobility in Mexico! ????
Founders, investors, operators, and advisors came together to explore transformative trends in #AI, #EV adoption, and Mexico's emerging role in North American manufacturing. ??
Key Takeaways:
1???An EV Winter Is Coming: Renewable energy incentives and EV adoption policies face uncertainty under the next administration. Combined with potential tariffs on Chinese imports, this could slow EV adoption and disrupt the momentum in clean energy transitions.
2???Mexico’s Geostrategic Role: As the U.S.'s?top trading partner, Mexico accounted for?$798B in trade?in 2023, with 40-60% of goods traded involving U.S. companies utilizing Mexico for manufacturing. Heavy tariffs on outbound CKD kits and inbound completed assemblies would effectively double-tax American consumers. ??
3???A Competitive Crossroads: The U.S., once the global leader in #automotive, #aerospace, and #maritime manufacturing, is losing its edge. While?China dominates the automotive and maritime sectors today, even the U.S.'s aerospace leadership faces challenges.
4???The Modern Trinity of Supply Chains: #Batteries, #semiconductors, and #rareearthmagnets?are the critical supply chain components of the 21st century.
5???Geopolitical Shifts: Mexico’s openness to Chinese manufacturing expansion could amplify China's influence in the Western Hemisphere. If the U.S. doesn't act decisively, it risks ceding its global economic leadership.
Establish Fortress North America?????????????
Strengthening USMCA can transform North America into an?economic powerhouse by aligning U.S. innovation, Mexico’s manufacturing strength, and Canada’s natural resources to:
?? Build resilient supply chains for semiconductors, batteries, and critical minerals.
? Lead the green energy revolution with EV and renewable energy production.
??? Enhance security by reducing reliance on external supply chains.
?? Collaborate on cutting-edge R&D to compete with global powers.
Our neighbors should be our closest strategic partners to drive growth and innovation, ensuring mutual security and prosperity for decades ahead.
#USMCA #FortressNorthAmerica #MobilityTech #SupplyChain #Innovation #EnergyTransition #FutureOfMobility #Manufacturing #Geopolitics #Collaboration
Thank you all the great discussion and making yesterday's event so memorable! Grateful for all our Mexican and Chinese guests. And also a shoutout to our sponsors that made the day possible: Automobility Ltd, Monarch Global Strategies LLC, Sidley Austin LLP and SV Links.
